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MercadoLibre (MELI) Stock Trades Up, Here Is Why
StockStory8d agoneutral
MercadoLibre (MELI) Stock Trades Up, Here Is Why

Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) jumped 5% in the morning session after JP Morgan raised its price target on the stock to $2,150 from $1,900. While the firm maintained a Neutral rating, the upward revision shifted investor focus back to the company's accelerating top-line growth after margin concerns had weighed on the stock following its recent earnings report. When MercadoLibre released its second-quarter results a few days prior, the stock fel

From Courtroom Rivals to Corporate Partners: Archer Buys Its Way Into Boeing’s Orbit
Insider Monkey8d agobullish
From Courtroom Rivals to Corporate Partners: Archer Buys Its Way Into Boeing’s Orbit

Five years ago, Wisk Aero sued Archer Aviation Inc. (NYSE:ACHR) for allegedly stealing its trade secrets. On August 10, Archer agreed to buy Wisk entirely, along with two other The Boeing Company (NYSE:BA) subsidiaries, in a deal that gives the aerospace giant a roughly 20% interest in the electric-aircraft company it previously accused of corporate […]

Winklevoss Twins’ Crypto Exchange Gemini Narrows Loss
The Wall Street Journal8d agobullish
Winklevoss Twins’ Crypto Exchange Gemini Narrows Loss

The company, led by Cameron and Tyler Winklevoss, said total revenue for the three months ended June 30 increased 37% to $45.5 million, from $33.3 million during the same period a year ago. Net loss decreased 19% year-over-year to $107.7 million, compared with $133.2 million in the second quarter of 2025.

QYLD’s 12% Yield Looks Great. The Long-Term Cost Is Much Higher
24/7 Wall St.8d agoneutral
QYLD’s 12% Yield Looks Great. The Long-Term Cost Is Much Higher

Monthly distributions from QYLD have been hitting accounts for over a decade, and the yield still turns heads. But investors who ran the actual numbers on a six-figure position found something waiting at the end that no factsheet bothered to warn them about.

Could AbbVie Inc. (ABBV)’s Post-Humira Transformation Drive the Next Phase of Growth?
Insider Monkey8d agoneutral
Could AbbVie Inc. (ABBV)’s Post-Humira Transformation Drive the Next Phase of Growth?

AbbVie Inc. (NYSE:ABBV) reported its first-quarter 2026 financial results, delivering worldwide net revenues of $15.002 billion, an increase of 12.4% on a reported basis (10.3% operationally). The company posted GAAP diluted EPS of $0.39 and adjusted diluted EPS of $2.65, which exceeded internal expectations despite including a $0.41 per share unfavorable impact from acquired IPR&D […]

Top analyst turns bullish on HIVE ahead of earnings
TheStreet8d agoneutral
Top analyst turns bullish on HIVE ahead of earnings

All eyes are on HIVE Digital Technologies (Nasdaq: HIVE) this week as the Bitcoin miner prepares to open its books. The company will release its fiscal first-quarter 2027 results on Friday, Aug. 14, after the market closes, followed by an earnings conference call on Monday, Aug. 17, at ...

SpaceX’s Most Loyal Buyers Blinked
Insider Monkey8d agobullish
SpaceX’s Most Loyal Buyers Blinked

Retail investors were steadfast for nearly eight weeks after Space Exploration Technologies Corp (NASDAQ:SPCX) went public. Despite a 67% post-IPO rise, a sharp return to earth, and a stock that spent weeks trading below its debut price, mom-and-pop traders continued to buy. On August 7, that streak was finally broken. Profit-Taking at Debut Baseline According […]

HIMS Q2 Deep Dive: AI Strategy and International Expansion Shape Telehealth Outlook
StockStory8d agoneutral
HIMS Q2 Deep Dive: AI Strategy and International Expansion Shape Telehealth Outlook

Telehealth company Hims & Hers Health (NYSE:HIMS) announced better-than-expected revenue in Q2 CY2026, with sales up 38.2% year on year to $753.2 million. On top of that, next quarter’s revenue guidance ($890 million at the midpoint) was surprisingly good and 12.4% above what analysts were expecting. Its non-GAAP loss of $0.09 per share was significantly below analysts’ consensus estimates.